RETECH: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
RETECH
Largest movements
- Tangible fixed assets +€1.1m
up €1.1m (+711.5%), from €147,764 to €1.2m
- Cash -€50,553
down €50,553 (-88.6%), from €57,073 to €6,521
mainly Investment in fixed assets (net) (-€1.1m) and Receivables within one year (-€13,490)
- Receivables within one year +€13,490
up €13,490 (+84.8%), from €15,899 to €29,389
- Other debts +€970,000
up €970,000 (+744.3%), from €130,332 to €1.1m
- Trade debts +€53,694
up €53,694 (+290082.7%), from €19 to €53,713
- Gross operating margin -€7,502
down €7,502 (-513.9%), from -€1,460 to -€8,962
- Other operating charges -€617
down €617 (-55.8%), from €1,105 to €489
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,736 | €1,234,941 | +€1.0m | +459.5% |
| Fixed assets | 21/28 | €147,764 | €1,199,032 | +€1.1m | +711.5% |
| Tangible fixed assets | 22/27 | €147,764 | €1,199,032 | +€1.1m | +711.5% |
| Land and buildings | 22 | €147,764 | €1,199,032 | +€1.1m | +711.5% |
| Current assets | 29/58 | €72,973 | €35,909 | -€37,063 | -50.8% |
| Amounts receivable within one year | 40/41 | €15,899 | €29,389 | +€13,490 | +84.8% |
| Other amounts receivable | 41 | €15,899 | €29,389 | +€13,490 | +84.8% |
| Cash at bank and in hand | 54/58 | €57,073 | €6,521 | -€50,553 | -88.6% |
| Total equity and liabilities | 10/49 | €220,736 | €1,234,941 | +€1.0m | +459.5% |
| Equity | 10/15 | €90,386 | €80,896 | -€9,490 | -10.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,614 | -€69,104 | -€9,490 | -15.9% |
| Amounts payable | 17/49 | €130,351 | €1,154,045 | +€1.0m | +785.3% |
| Amounts payable within one year | 42/48 | €130,351 | €1,154,045 | +€1.0m | +785.3% |
| Trade debts | 44 | €19 | €53,713 | +€53,694 | +290082.7% |
| Suppliers | 440/4 | €19 | €53,713 | +€53,694 | +290082.7% |
| Other amounts payable | 47/48 | €130,332 | €1,100,332 | +€970,000 | +744.3% |
| Other operating charges | 640/8 | €1,105 | €489 | -€617 | -55.8% |
| Gross operating margin | 9900 | -€1,460 | -€8,962 | -€7,502 | -513.9% |
| Operating profit (loss) | 9901 | -€2,565 | -€9,451 | -€6,886 | -268.4% |
| Financial charges | 65/66B | €39 | €39 | +€0 | +0.1% |
| Recurring financial charges | 65 | €39 | €39 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,604 | -€9,490 | -€6,886 | -264.4% |
| Profit (loss) for the period | 9904 | -€2,604 | -€9,490 | -€6,886 | -264.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,604 | -€9,490 | -€6,886 | -264.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.